Company Description
Advanced Flower Capital Inc. originates, structures, underwrites, and invests in senior secured loans, and other various commercial real estate loans and debt securities for established companies operating in the cannabis industry.
It primarily originates loans structured as senior loans secured by real estate, equipment, and licenses and/or other assets of the loan parties to the extent permitted by applicable laws and the regulations governing such loan parties.
The company has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986.
The company was formerly known as AFC Gamma, Inc. and changed its name to Advanced Flower Capital Inc. in October 2024.
Advanced Flower Capital Inc. was incorporated in 2020 and is based in West Palm Beach, Florida.
| Country | United States |
| Founded | 2020 |
| IPO Date | Mar 19, 2021 |
| Industry | REIT - Mortgage |
| Sector | Real Estate |
| CEO | Daniel Neville |
Contact Details
Address: 477 S. Rosemary Avenue, Suite 301 West Palm Beach, Florida 33401 United States | |
| Phone | 561 510 2390 |
| Website | advancedflowercapital.com |
Stock Details
| Ticker Symbol | AFCG |
| Exchange | NASDAQ |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| IPO Price | $19.00 |
| CIK Code | 0001822523 |
| CUSIP Number | 00109K105 |
| ISIN Number | US00109K1051 |
| Employer ID | 85-1807125 |
| SIC Code | 6500 |
Key Executives
| Name | Position |
|---|---|
| Daniel Neville | Chief Executive Officer and Partner |
| Leonard Mark Tannenbaum C.F.A. | Co-Founder and Executive Chairman |
| Robyn Tannenbaum | Co-Founder, Partner and President |
| Brandon Hetzel | Chief Financial Officer and Treasurer |
| Cody Shue | Accounting Manager |
| Lana Ping | Director of Investor Relations |
| Gabriel A. Katz | Chief Legal Officer |
| James F. Velgot | Chief Marketing Officer |
| Ian Kirby | Chief of Staff |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Nov 13, 2024 | 8-K | Current Report |
| Nov 13, 2024 | 10-Q | Quarterly Report |
| Oct 22, 2024 | 8-K | Current Report |
| Sep 30, 2024 | UPLOAD | Filing |
| Aug 20, 2024 | UPLOAD | Filing |
| Aug 7, 2024 | 8-K | Current Report |
| Aug 7, 2024 | 10-Q | Quarterly Report |
| Jul 24, 2024 | UPLOAD | Filing |
| Jul 10, 2024 | 4 | Statement of changes in beneficial ownership of securities |
| Jul 10, 2024 | 3 | Initial statement of beneficial ownership of securities |